Golden Finance reported that ETF issuer YieldMax announced the launch of the option income strategy exchange-traded fund YieldMax™ MARA Option Income Strategy ETF (NYSE: MARO) on the New York Stock Exchange based on the Bitcoin mining company MARA. The ETF seeks to MARA implements options-based strategies to generate income but does not invest directly in MARA, whose first distribution is expected to be announced on January 2, 2025. YieldMax has previously launched the Bitcoin options income strategy ETF YBIT and the short Coinbase stock options strategy ETF.